Beverage industry abuzz over PepsiCo vs. Peltz

|About: PepsiCo Inc. (PEP)|By:, SA News Editor

Shares of PepsiCo (PEP) are mildly higher after Nelson Peltz takes back up his fight to see the company spin off the beverage business.

There is a bit of a ripple effect for SodaStream (SODA) which is the target of a great deal of speculation as a future PepsiCo partner or acquisition.

Premarket: PEP +0.5%, SODA -0.2%.